Labour manifesto 2019 from inheritance tax to student loans, Labour policies explained

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THE election campaign is now well underway and Jeremy Corbyn has now revealed Labour’s .

Here’s everything you need to know about Labour’s 2019 election manifesto.

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Labour launched its 2019 election manifesto in Birmingham on November 21

When did the Labour manifesto come out?

Labour Party leader Jeremy Corbyn revealed full details of his election manifesto in Birmingham on November 21.

Party officials reportedly met the Saturday before to decide which policies will be included.

The party previously had a form, now closed, inviting members of the public to submit policy ideas.

You can sign up to receive the manifesto by e-mail once it is published using a form on Labour’swebsite.

What is in the Labour manifesto?

Jeremy Corbyn‘s plan is a declaration of class war in the UK which opponents claim will destroy property rights, the jobs market and the economy

In his radical manifesto – business chiefs were told they will be made to pay out more, with corporation tax increased to 26 per cent by 2022.

To win the green vote, Mr Corbyn has pledged to enforce a windfall tax on oil companies to those who have knowingly damaged our climate will help cover the costs.

However, he has not agreed to lay out a net-zero target for carbon emissions, instead promising to aim to achieve a substantial majority of reductions by 2030.

For young people, Labour has vowed to ensure 16 year olds are given the vote but Mr Corbyn has not pledged to write off existing student debt.

The Labour boss wants to transport Brits back to the 1970s by renationalising our industries including rail, water, mail and energy.

His plans to dish out free broadband for all costing the taxpayer 160billion – and introduce a four-day working week, which has been blasted as crackpot.

He also announced Labour would scrap the planned rise in the pension age beyond 66 and reviewing the retirement age of those in hard manual jobs.

Introduce a financial transaction tax, an excessive pay levy and a second homes tax, scrap tuition fees, impose VAT on private school fees.

The lefty also vowed to reverse the cuts to inheritance tax and give EU nationals living in the UK an automatic right to stay.

CEOs have warned they will flee Britain if Labour continues with their vitriolic attack on business.

But shadow chancellor John McDonnell has ignored their calls – vowing to “rewrite the rules of our economy and slap them with more red tape.

But Mr Corbyn told Britain’s richest he does not care if they hate him – because he stands with the “people”.

What else can we expect?

Labour has also released a list of 10 broader election commitments. They are:

  • An end to in-work poverty
  • An end to food bank use
  • An end to 1.4 million older people not getting the care they need
  • Over 100,000 genuinely affordable homes built per year
  • An end to rough sleeping
  • An end to tuition fees
  • Reduced waiting times for A&E and cancer treatments
  • Brexit sorted in six months
  • Smaller class sizes
  • A Green Industrial Revolution to create hundreds of thousands of jobs and cut carbon emissions

Future policy commitments are likely to focus on fulfilling these pledges.

What do the polls say?

Polling company Britain Elects, whose poll tracker provides an average figure from a range of polls, currently puts Labour’s support at 28.6 per cent behind the Tories’ 37.2 per cent.

The two main parties have been mostly neck-and-neck since the last election, but the Conservatives have pulled away since Boris Johnson became prime minister in July.

Labour is responding by campaigning hard on areas like in-work poverty and the NHS, on which it is typically more trusted by voters than the Conservatives.

The leader’s office is also hopeful that Jeremy Corbyn could reverse the party’s fortunes with a strong performance in the televised debates.